Section 34.88 - Education Reform Revolving Fund - Separate accounting for revenues - Use of funds - Tracking apportionment of revenueA. The Office of Accountability shall separately account for and report monthly revenues which it determines accrued to the Education Reform Revolving Fund which were attributable to the tax increases contained in Enrolled House Bill No. 1017 of the 1st Extraordinary Session of the 42nd Oklahoma Legislature.B. Funds separately accounted for herein shall be used only to fund the reforms provided for in Enrolled House Bill No. 1017 of the 1st Extraordinary Session of the 42nd Oklahoma Legislature and for no other purpose. Any appropriation or expenditure of any of such funds for any other purpose shall be null and void and of no effect.C. The Office of Accountability shall track apportionment of revenues which are deposited to the credit of the Education Reform Revolving Fund of the State Treasury which are attributable to the changes contained in Enrolled House Bill No. 1017 of the 1st Extraordinary Session of the 42nd Oklahoma Legislature on a fiscal year basis and shall provide an accounting to the Governor, Speaker of the House of Representatives and President Pro Tempore of the Senate, within thirty (30) days after the end of the fiscal year.Okla. Stat. tit. 62, § 34.88
Added by Laws 1989, 1st Ex. Sess., HB 1017, c. 2, § 98, emerg. eff. 4/25/1990; Amended by Laws 1990, HB 1857, c. 126, § 8, emerg. eff. 4/25/1990; Amended by Laws 1990, SB 770, c. 263, § 72, emerg. eff. 7/1/1990; Amended by Laws 1995, HB 1282, c. 111, § 1, emerg. eff. 7/1/1995; Amended by Laws 1996, SB 826, c. 269, § 1, emerg. eff. 6/1/1996; Renumbered from 62 O.S. § 41.29a by Laws 2009 , HB 2015, c. 441, §64, emerg. eff. 7/1/2009.